ABP Capital reposted this
As we continue our journey to become the leader in the performance apparel market, we are excited to announce an $825 million investment led by General Atlantic and Stripes , valuing the brand at $5.5 billion. Founder and CEO Joe Kudla shared, “As we continue to drive momentum, growth, and market share gains, we are grateful to have the additional partnership of these leading organizations.” This achievement is a testament to our dedicated team, incredible partners (SoftBank Investment Advisers, Norwest Venture Partners, and ABP Capital), and loyal community who inspire us to redefine activewear every day. Read the full story to learn more.